Product Manager

Federal Signal Openings • University Park, IL

9d

About The Position

The Product Manager is the champion and primary point of contact for all assigned products, with responsibility for product direction, functionality, competitiveness, and quality. Major task areas include: market analysis; development of objectives and strategies for products or services; and making decisions on functionality, price, promotion, channels, and customer service. The Product Manager constantly collects and synthesizes information, forecasts trends in competition and market conditions, and adapts product strategies and tactical decisions to market changes. The Product Manager coordinates the activities of all departments related to the success of assigned products. The Product Manager is the “non-technical expert” for the assigned product lines.

Requirements

• 4-year degree in marketing, business or engineering.
• Minimum 5 years experience in marketing or sales of technical products
• Good organizational and project management skills.
• Capable of managing multiple projects in a cross-functional team environment.
• Ability to integrate and lead support for technical product development.
• Strong verbal and written communication and presentation skills essential.
• Strong computer skills, including MS Office Database management and spreadsheet development are required.
• Familiarity with sales/marketing database tools preferable.

Nice To Haves

• MBA is preferred
• Experience with electrical, electronic, or mechanical products is helpful.

Responsibilities

• Manage complete product life cycle from initial development through obsolescence
• Establish product line positioning and pricing.
• Define and support all aspects of promotion for assigned products.
• Primary point of contact for all assigned products
• Report regularly on the status of all activities.
• Prepare business plans (AFEs) for new product development activities.
• Control gross profits of product line by monitoring cost of goods sold, labor, materials, equipment, and allocations, and coordinate projects established to adjust unsatisfactory variables.
• Manage all product List Prices, MAP prices, and promotional prices.

Benefits

• annual bonus potential
• insurance (life, medical, dental, vision)
• paid holidays
• paid vacation
• 401(k) with matching contributions
• tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level